Bell: Check out the companies that make headlines before Domino’s pizza. Shares fell more than 3% after the pizza chain reported a fourth number that missed out on expectations. The company won $4.89 per share with revenues of $1.44 billion. Analysts voted by FactSet were expecting a profit of $4.90 per share against $1.48 billion in revenue. The company’s key metric, the same store sales in the US, rose 0.4%. This was also below the consensus forecast for 1.1% progress. Nike – A 2% increase in stock after the Jefferies upgrade and purchased from Hold. Jefferies said athletic apparel makers are going “back to innovation engines.” Palantir Technologies – Inventory has dropped by more than 3%, increasing its sharp decline since last week amid concerns that retail investors may be dumping AI play. Palantir fell 14.9% last week. This is the biggest weekly drop since January. Alibaba – The Chinese e-commerce giant slipped in 3% and reversed some of the 15% rally behind last week’s latest strong revenue report. Monday’s pre-market slide came despite an upgrade from equal weight to overweight at Morgan Stanley. Analyst Gary Yu said Alibaba is ready to demonstrate continued leadership in the artificial intelligence cloud market. Berkshire Hathaway – Class B stock of Warren Buffett’s conglomerate surged to $14.5 billion in pre-market trading after saying its operating profit rose 71% to $14.5 billion in the last three months of 2024 That’s all gone up. . Robinhood – The retail trading platform has added about 2% after Robinhood said the U.S. Securities and Exchange Commission rejected an investigation into the company’s cryptocurrency segment. Energy Company – Following last week’s release of the TD Cowen report at Data Center and Microsoft, stocks in Select Power Company slipped on Monday morning, extending the decline on Friday. In the memo, analyst Michael Elias said MSFT “summed a total of ‘hundreds of MW’s’ with at least two private data center operators to cancel the lease in the US.” Vistra, Talen Energy and Ge Vernova shares all flow to under 1%. RIVIAN – Electric vehicle inventory fell 3% after being downgraded to a decline in performance from Bank of America neutral. Analyst John Murphy said the company is one of the “most viable” EV startups, but its softer than expected outlook for 2025, expanding competition, slower EV demand and potential for US incentives He said slowing EV demand combined with a pullback will lead to stock headwinds. FreshPet – Shares rose 4% after Jeffries upgraded to buy pet food retailers from holds. The company expects FreshPet to combine 23% sales by 2027. This year, stock prices have fallen by 32%. -CNBC’s Sean Conlon, Brian Evans, Alex Hurling, Fred Inbert, Sarah Minh and Yoon Lee contributed to the report.
The biggest moves in stock localities: DPZ, BABA, RIVN, PLTR
